US stocks are bursting toward their best day in years as exhilaration sweeps Wall Street and financial markets worldwide after a report showed inflation in the United States slowed last month by even more than expected.The S&P 500 was 4.5 per cent higher in afternoon trading, and the encouraging data also sent prices leaping in markets for everything from metals to European stocks. Even bitcoin clawed back some of its steep plunge from prior days caused by the crypto industry's latest crisis of confidence.The Dow Jones Industrial Average was up 928 points, or 2.9 per cent, at 33,437, as of 12.23pm Eastern Time on Thursday (4.23am Friday AEDT), while the Nasdaq composite soared 6 per cent.
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